COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Sunday, 03 March 13
INDONESIAN THERMAL COAL SWAPS; CHINA CONTRACTS FALL W-O-W


COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent and CFR South China coal shipment  0.51 W-O-W as of  Friday, 1 March  2013, according to the data released by AsiaClear OTC coal swaps.

A commodity swap is a financial agreement whereby a floating, or spot; price is exchanged for a fixed rate over a specified contract period.

Indonesia Sub-Bit FOB Coal Swaps
Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent  W-W but gained  0.03 percent on D-D on Friday, 1 March 2013, AsiaClear OTC coal swap's report said on Friday. Sub-Bit FOB Indonesia coal swaps for average Q2’  2013 delivery was opened on 25 February 2013 at US$  66.20 pmt and closed at US$  65.70 on 1 March 2013.

Mean Q4’  2013 deliveries for the sub-bit Indonesia's coal swap was opened at $   67.70 pmt on 25 February  2013 and closed at $  67.13 on 1 March 2013.  Average Q4’ delivery price has lost US$ 0.57 PMT W-o-W and US$ 0.02 D-o-D.

However, the sub-bit Indonesia's coal swaps for Cal 2014 delivery lost  W-o-W and D-o-D.

AsiaClear OTC Sub-Bit Indonesia coal swap for average calendar 2014 delivery closed US$  3.50 (5.32%) higher compared to average Q2  delivery price of US$  65.70 on 1 March  2013. In the meantime, the Q4’  2013 coal swap has closed US$  1.43 (2.17%) higher than Q2 ‘ 2013 swap on 1 March  2013.


CFR South China Coal Swaps
CFR South China coal shipment for average Q2’ 2013 delivery price lost 0.51 per cent  W-O-W.

The average Q4’ 2013 delivery price has also lost  W-W but gained D-D. The contract for the mean Q2’ 2013 prices lost US$ 0.45 W-o-W and closed at US$ 86.75 a ton on 1 March 2013. Average Q4 CFR South China coal shipment prices lost US cents 40 PMT W-W and gained US cents 15  per MT DoD.

CFR South China coal shipments (average Q2’ 2013 delivery) was opened at $  87.20 on 25 February 2013  and closed at $  86.75 on 1 March 2013 lost US$ 0.45 PMT in a week. The CFR South China coal swaps for Q4’ 2013 delivery also followed Q2 trend lost 1.18 percent W-o-W.

CFR South China coal swap for average Q4’  2013  delivery closed US$  1.75 higher compared to average Q2’  2013  delivery price. The calendar 2014 coal swap has closed US$  4.75 higher than average Q2 2013 swap.

Indonesia HBA
Indonesian government has sets its February HBA at US$  88.35 for 6322 GAR coal. February’ 13 HBA, US$ 0.80 higher compared to January 2013  bench mark price.

Prices for lower-grade power station coal in Indonesia, gained last week amid rains in mining regions and rising demand from China, according to a Bloomberg survey.  “ Indonesian sub-bituminous coal with a heating value of 4,500 kilocalories a kilogram and maximum 1 percent sulfur rose to an average of $52.28 a metric ton in the week ended Feb. 22, from $48 a ton the previous week, according to the median forecast of four traders surveyed by Bloomberg News,"  as reported by The Jakarta globe, one of the leading English newspaper in Indonesia on 1 March 2013.

India hikes duty on imported steam coal.
The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime, government has reduced  custom and countervailing duty on Bituminous coal.

Finance Minister of India in his budget speech last week, announced a hike in the basic customs duty on steam coal from present zero to two percent and CVD from one per cent to two per cent. Bituminous coal importers now pay lower customs duty and CVD, in the meantime, power plant coal producer to pay higher customs duty and CVD.

Indian media reports say, the government announced raising basic custom and countervailing duty on steam coal, used in power generation, a step which analysts said will lead to marginal increase in power tariffs.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 11 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...


Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline. Total production is down 9.9 million short t ...


Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...


Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...


Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down. The BDI was down by 5.38 pct closing at 861 points and the ...


   863 864 865 866 867   
Showing 4321 to 4325 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Krishnapatnam Port Company Ltd. - India
  • Cardiff University - UK
  • Price Waterhouse Coopers - Russia
  • Indogreen Group - Indonesia
  • Parry Sugars Refinery, India
  • Orica Australia Pty. Ltd.
  • Bhatia International Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • PLN Batubara - Indonesia
  • EIA - United States
  • Semirara Mining and Power Corporation, Philippines
  • McKinsey & Co - India
  • Kobexindo Tractors - Indoneisa
  • Chettinad Cement Corporation Ltd - India
  • Xstrata Coal
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Indian Oil Corporation Limited
  • IEA Clean Coal Centre - UK
  • Cebu Energy, Philippines
  • McConnell Dowell - Australia
  • Maharashtra Electricity Regulatory Commission - India
  • Directorate Of Revenue Intelligence - India
  • JPMorgan - India
  • Mjunction Services Limited - India
  • Russian Coal LLC
  • Maybank - Singapore
  • Credit Suisse - India
  • Reliance Power - India
  • Heidelberg Cement - Germany
  • Eastern Coal Council - USA
  • Larsen & Toubro Limited - India
  • Oldendorff Carriers - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Peabody Energy - USA
  • Petron Corporation, Philippines
  • Berau Coal - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • TANGEDCO India
  • Leighton Contractors Pty Ltd - Australia
  • GB Group - China
  • Mercator Lines Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • SGS (Thailand) Limited
  • Holcim Trading Pte Ltd - Singapore
  • Energy Development Corp, Philippines
  • South Luzon Thermal Energy Corporation
  • Deloitte Consulting - India
  • Port Waratah Coal Services - Australia
  • PowerSource Philippines DevCo
  • Alfred C Toepfer International GmbH - Germany
  • Inco-Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Grasim Industreis Ltd - India
  • Cosco
  • Platou - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Agrawal Coal Company - India
  • Straits Asia Resources Limited - Singapore
  • TNPL - India
  • Arch Coal - USA
  • U S Energy Resources
  • The University of Queensland
  • Shree Cement - India
  • Africa Commodities Group - South Africa
  • NALCO India
  • GN Power Mariveles Coal Plant, Philippines
  • Total Coal South Africa
  • CIMB Investment Bank - Malaysia
  • Kideco Jaya Agung - Indonesia
  • UOB Asia (HK) Ltd
  • Essar Steel Hazira Ltd - India
  • Japan Coal Energy Center
  • GVK Power & Infra Limited - India
  • Planning Commission, India
  • EMO - The Netherlands
  • Indonesian Coal Mining Association
  • Surastha Cement
  • Baramulti Group, Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Anglo American - United Kingdom
  • Thai Mozambique Logistica
  • Coal and Oil Company - UAE
  • Indika Energy - Indonesia
  • Economic Council, Georgia
  • bp singapore
  • SMC Global Power, Philippines
  • Vitol - Bahrain
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Vizag Seaport Private Limited - India
  • Coastal Gujarat Power Limited - India
  • Ambuja Cements Ltd - India
  • Deutsche Bank - India
  • Sindya Power Generating Company Private Ltd
  • Salva Resources Pvt Ltd - India
  • Humpuss - Indonesia
  • Geoservices-GeoAssay Lab
  • Sical Logistics Limited - India
  • Thriveni
  • Indorama - Singapore
  • Antam Resourcindo - Indonesia
  • Moodys - Singapore
  • IHS Mccloskey Coal Group - USA
  • Bangkok Bank PCL
  • Gupta Coal India Ltd
  • Merrill Lynch Commodities Europe
  • Kapuas Tunggal Persada - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Maersk Broker
  • Singapore Mercantile Exchange
  • Borneo Indobara - Indonesia
  • Bangladesh Power Developement Board
  • Karaikal Port Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • TeaM Sual Corporation - Philippines
  • KOWEPO - South Korea
  • Parliament of New Zealand
  • CCIC - Indonesia
  • Cement Manufacturers Association - India
  • Independent Power Producers Association of India
  • KPCL - India
  • Metalloyd Limited - United Kingdom
  • Platts
  • Infraline Energy - India
  • Star Paper Mills Limited - India
  • Asian Development Bank
  • Bulk Trading Sa - Switzerland
  • Vedanta Resources Plc - India
  • Inspectorate - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Core Mineral Indonesia
  • SMG Consultants - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Samtan Co., Ltd - South Korea
  • Edison Trading Spa - Italy
  • Georgia Ports Authority, United States
  • World Bank
  • AsiaOL BioFuels Corp., Philippines
  • Trasteel International SA, Italy
  • Sojitz Corporation - Japan
  • TRAFIGURA, South Korea
  • Formosa Plastics Group - Taiwan
  • Permata Bank - Indonesia
  • GHCL Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Binh Thuan Hamico - Vietnam
  • Cigading International Bulk Terminal - Indonesia
  • Enel Italy
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Romanian Commodities Exchange
  • WorleyParsons
  • Madhucon Powers Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SASOL - South Africa
  • Indian School of Mines
  • Tata Chemicals Ltd - India
  • Mitsubishi Corporation
  • Arutmin Indonesia
  • Commonwealth Bank - Australia
  • Ceylon Electricity Board - Sri Lanka
  • Aboitiz Power Corporation - Philippines
  • Semirara Mining Corp, Philippines
  • Manunggal Multi Energi - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Pendopo Energi Batubara - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Bhushan Steel Limited - India
  • Riau Bara Harum - Indonesia
  • Indian Energy Exchange, India
  • Tanito Harum - Indonesia
  • Interocean Group of Companies - India
  • VISA Power Limited - India
  • Lafarge - France
  • Jindal Steel & Power Ltd - India
  • Bhoruka Overseas - Indonesia
  • Asia Cement - Taiwan
  • Coal Orbis AG
  • Lanco Infratech Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • The State Trading Corporation of India Ltd
  • Eastern Energy - Thailand
  • MEC Coal - Indonesia
  • New Zealand Coal & Carbon
  • Thiess Contractors Indonesia
  • Barasentosa Lestari - Indonesia
  • J M Baxi & Co - India
  • Sarangani Energy Corporation, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Medco Energi Mining Internasional
  • Sinarmas Energy and Mining - Indonesia
  • PLN - Indonesia
  • Renaissance Capital - South Africa
  • Rashtriya Ispat Nigam Limited - India
  • Petrosea - Indonesia
  • IMC Shipping - Singapore
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • Thailand Anthracite
  • SN Aboitiz Power Inc, Philippines
  • Runge Indonesia
  • Sree Jayajothi Cements Limited - India
  • Iligan Light & Power Inc, Philippines
  • The Treasury - Australian Government
  • Siam City Cement - Thailand
  • Malabar Cements Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • San Jose City I Power Corp, Philippines
  • PetroVietnam
  • Aditya Birla Group - India
  • OCBC - Singapore
  • RBS Sempra - UK
  • ING Bank NV - Singapore
  • Cargill India Pvt Ltd
  • Dalmia Cement Bharat India
  • Tamil Nadu electricity Board
  • TGV SRAAC LIMITED, India
  • PTC India Limited - India
  • Bank of China, Malaysia
  • European Bulk Services B.V. - Netherlands
  • NTPC Limited - India
  • Electricity Authority, New Zealand
  • Minerals Council of Australia
  • Mintek Dendrill Indonesia
  • Attock Cement Pakistan Limited
  • Posco Energy - South Korea
  • OPG Power Generation Pvt Ltd - India
  • Global Business Power Corporation, Philippines
  • Bukit Makmur.PT - Indonesia
  • Power Finance Corporation Ltd., India
  • Coalindo Energy - Indonesia
  • Siam City Cement PLC, Thailand
  • Xindia Steels Limited - India
  • Coeclerici Indonesia
  • Adani Power Ltd - India
  • GNFC Limited - India
  • Thomson Reuters GRC
  • Kobe Steel Ltd - Japan
  • JPower - Japan
  • Makarim & Taira - Indonesia
  • Central Electricity Authority - India
  • Australian Coal Association
  • Sucofindo - Indonesia
  • Coal India Limited
  • Vale Mozambique
  • KEPCO - South Korea
  • Clarksons - UK
  • Qatrana Cement - Jordan
  • Vijayanagar Sugar Pvt Ltd - India
  • Latin American Coal - Colombia
  • Banpu Public Company Limited - Thailand
  • Sakthi Sugars Limited - India
  • Cemex - Philippines
  • Orica Mining Services - Indonesia
  • Electricity Generating Authority of Thailand
  • Altura Mining Limited, Indonesia
  • Meralco Power Generation, Philippines
  • India Bulls Power Limited - India
  • Videocon Industries ltd - India
  • Glencore India Pvt. Ltd
  • Ind-Barath Power Infra Limited - India
  • Bank of America
  • Ministry of Mines - Canada
  • IBC Asia (S) Pte Ltd
  • Carbofer General Trading SA - India
  • Uttam Galva Steels Limited - India
  • Ministry of Transport, Egypt
  • Thermax Limited - India
  • Tata Power - India
  • Britmindo - Indonesia
  • ACC Limited - India
  • Coaltrans Conferences
  • Kaltim Prima Coal - Indonesia
  • Chamber of Mines of South Africa
  • DBS Bank - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Karbindo Abesyapradhi - Indoneisa
  • Mitsui
  • CoalTek, United States
  • Billiton Holdings Pty Ltd - Australia
  • Pinang Coal Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Central Java Power - Indonesia
  • White Energy Company Limited
  • Asmin Koalindo Tuhup - Indonesia
  • globalCOAL - UK
  • Gujarat Sidhee Cement - India
  • Toyota Tsusho Corporation, Japan
  • IOL Indonesia
  • Ministry of Finance - Indonesia
  • Rudhra Energy - India
  • KPMG - USA
  • Barclays Capital - USA
  • Jatenergy - Australia
  • Goldman Sachs - Singapore
  • Mitra SK Pvt Ltd - India
  • Malco - India
  • Marubeni Corporation - India
  • Noble Europe Ltd - UK
  • Indonesia Power. PT
  • ICICI Bank Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Neyveli Lignite Corporation Ltd, - India
  • GMR Energy Limited - India
  • Energy Link Ltd, New Zealand
  • Gresik Semen - Indonesia
  • Freeport Indonesia
  • SRK Consulting
  • Kalimantan Lumbung Energi - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Bharathi Cement Corporation - India
  • Intertek Mineral Services - Indonesia
  • ASAPP Information Group - India
  • Rio Tinto Coal - Australia
  • Savvy Resources Ltd - HongKong
  • Samsung - South Korea
  • Fearnleys - India
  • LBH Netherlands Bv - Netherlands
  • Simpson Spence & Young - Indonesia
  • CNBM International Corporation - China
  • Panama Canal Authority
  • Wood Mackenzie - Singapore
  • Kartika Selabumi Mining - Indonesia
  • The India Cements Ltd
  • Argus Media - Singapore
  • BRS Brokers - Singapore
  • CESC Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Miang Besar Coal Terminal - Indonesia
  • Maruti Cements - India
  • Ince & co LLP
  • World Coal - UK
  • SUEK AG - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Mechel - Russia
  • Adaro Indonesia
  • Wilmar Investment Holdings
  • Shenhua Group - China
  • APGENCO India
  • HSBC - Hong Kong
  • Mercuria Energy - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • London Commodity Brokers - England
  • ETA - Dubai
  • Standard Chartered Bank - UAE
  • Jaiprakash Power Ventures ltd
  • Maheswari Brothers Coal Limited - India
  • MS Steel International - UAE
  • ANZ Bank - Australia
  • Therma Luzon, Inc, Philippines
  • BNP Paribas - Singapore
  • Idemitsu - Japan
  • Petrochimia International Co. Ltd.- Taiwan
  • Merrill Lynch Bank
  • UBS Singapore